by Douglas Messier
Managing Editor
During the SmallSat Symposium last week, Richard Branson was asked why Virgin Galactic had gone public using a special purpose acquisition company (SPAC).
“I’m impatient. The SPAC gets through all of the rigmarole of public companies. Yes, I thought, that’s great, let’s do it,” he replied.
Branson was half right. A SPAC makes it a lot easier for a company to go public. But, impatience was probably not the main reason Virgin Galactic went SPAC.
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Steve Jurvetson — a key investor in SpaceX, Tesla Motors and Planet — is leaving the venture capital firm he founded, Draper Fisher Jurvetson, over allegations of sexual harassment. Recode reports: DFJ announced the move in a letter to limited partners on Monday. The firm released a statement to Recode that read: As of today and by mutual agreement, Steve Jurvetson will be leaving DFJ. DFJ’s culture has been, and […]
One on One with Steve Jurvetson at The Economist’s space event earlier this week in Seattle. Audio begins at 1:50.
Prominent space backer Steve Jurvetson is being investigated for alleged sexual harassment, his venture capital firm admitted this week. Jurvetson’s investments have included two of Elon Musk’s companies, SpaceX and Tesla Motors. Draper Fisher Jurvetson, the VC firm he founded, said Tuesday it had launched an inquiry into Jurvetson a day after an entrepreneur alleged that “predatory behavior is rampant” at DFJ. The woman, Keri Kukral, did not name Jurvetson […]
Video Caption: Elon Musk has never been one to keep his long-term plans to himself. Beyond the development of reusable rockets, electric cars, and revolutionizing solar power, he has also been quite vocal about establishing a colony on Mars within his lifetime. The goal here is nothing less than ensuring the survival of the human race by creating a “backup location”, and calls for some serious planning and architecture. These […]
CNBC’s Josh Lipton speaks to Steve Jurvetson, Draper Fisher Jurvetson managing director, about his investment in all things Elon Musk and the future of Tesla.
Please follow Parabolic Arc on Facebook and Twitter. SpaceX investor Steve Jurvetson will give one lucky person a tour of his personal collection of space artifacts — if the price is right. All you have to do is go to Tourwithsteve.com and making the winning bid. According to the website: “The highest bid will help fund a scholarship for a space entrepreneur to attend Draper University and support a team […]
Steve Jurvetson: Only investing in the unknown
CNET
Draper Fisher Jurvetson, has invested in both Tesla and Reva Electric (Reva makes low-cost electric city runabouts). He knew little about the auto business when he got into the field, and admits he’s been very lucky. Regarding electric cars, he says, “You couldn’t possibly have put a business plan together that foresaw what is happening today.”
